Recently, Beijing Haizhi Technology Group Co., Ltd. (referred to as "Haizhi Technology") updated its IPO prospectus, primarily adding business data as of June 30, 2025. Earlier, on June 17, 2025, the company formally submitted its application for a main board listing on the Hong Kong Stock Exchange, with CMBI, BOCI, and Shenwan Hongyuan Securities (HK) acting as joint sponsors.

Founded on August 23, 2013, and headquartered in the Beijing Economic-Technological Development Area, Haizhi Technology is a high-tech enterprise dedicated to the research and application of graph-model fusion AI technology, making it a leader in this field in China. The company's industrial-grade AI solutions are widely used in over 100 real-world scenarios, including anti-fraud, intelligent marketing, risk identification, and smart manufacturing, serving industries such as finance, energy, and healthcare. By the end of 2024, Haizhi Technology had partnered with more than 300 clients, including many leading financial institutions and large state-owned enterprises.

Haizhi Technology's core competitiveness lies in leveraging knowledge graphs to "anchor" large models, developing AI systems that are both intelligent and reliable. Its main products include the Atlas Graph Solution, which integrates the DMC Data Intelligence Platform, Atlas Knowledge Graph Platform, and AtlasGraph Graph Database, as well as the Atlas Agent, developed based on graph-model fusion technology. Since its launch in September 2023, the Atlas Agent has rapidly captured market share, generating revenue of RMB 86.6 million in 2024, a staggering year-on-year increase of 872.2%.

According to Frost & Sullivan, based on 2024 revenue, Haizhi Technology holds over 50% of the market share in China's graph-centric AI agent market, maintaining its industry leadership. It also ranks among the top providers of cross-industry AI agents.

Driven by strong demand, China's industrial-grade AI solutions market is expected to expand from RMB 65.4 billion in 2025 to RMB 286.1 billion in 2029, with a compound annual growth rate (CAGR) of 44.6%. Meanwhile, the industrial-grade AI agent segment, as a high-growth niche, is projected to achieve a CAGR of 71.3% from 2024 to 2029.

Haizhi Technology boasts a strong management team, including Chief Scientist Zheng Weimin, a member of the Chinese Academy of Engineering and former Chairman of the China Computer Federation. Executive Director and CEO Yang Zaifei is a successful serial entrepreneur, while Executive Directors and Deputy General Managers Yang Juan and Wan Pengjiang are seasoned managers and early founders of Haizhi Technology. CFO Sun Junbo brings extensive investment banking and capital operation experience.

The company's board of directors comprises core management team members and seasoned professionals from the capital and industrial sectors, including Mr. Li Jiaqing, President of Legend Capital, and Ms. Long Yu, Founder of Bertelsmann Asia Investments. Haizhi Technology's founder and Chairman, Ren Xuyang, who is also the founder of ZhenFund, oversees board operations and corporate governance at the board level.

To date, Haizhi Technology has secured investments from top-tier institutions such as Legend Capital, Hillhouse Capital, IDG, and China Internet Investment Fund, demonstrating strong external recognition of its technological and commercial capabilities.

Risk Disclosure: The data provided is as of the prospectus disclosure date. This article is for informational purposes only and does not constitute investment advice. Investments carry risks, and IPO investments are subject to significant volatility. Participation should be based on individual risk tolerance.